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The Economy

lessOHmo said:

Credit Card Delinquencies Doing the #Bidenomics 'Jump'​


Harris recession
https://www.ft.com/content/c755a34d-eb97-40d1-b780-ae2e2f0e7ad9
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Failing to repay debt is obviously a result of the “Trump Effect”. Mr Bankruptcy is teaching Americans the wrong financial lessons! 😆

But seriously, people ought to manage their personal finances properly.

How bad is the problem? Is a one percentage point increase in a year a big deal? It doesn’t seem like it, but maybe it is.

The FT noted that Capital One said its own annualized credit card write-off rate in November rose by almost one point to 6.1 percent, compared to the same month last year.
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https://www.inc.com/bruce-crumley/c...ts-rise-in-worrying-sign-for-economy/91101458
 
Lazaran said:
President Biden is undoubtedly / unquestionably leaving President Musk and DonOld a solid economy, a stable border situation, and a strong foreign policy position.
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Don't worry, they'll get rid of all that before March.
 
Best 2 years for stocks since 1997-1998

Bidenomics! ⭐️⭐️ But analysts worry about the Trump effect for 2025.

After two consecutive years of more than 20% gains for the S&P 500 (^GSPC) — an achievement not seen since the late 1990s — Wall Street strategists foresee a slower pace of gains for the benchmark index in 2025.

With strong earnings expected from a widespread array of companies in 2025 and US economic growth anticipated to remain resilient, the fundamental story for further market increases remains intact for 2025. But strategists have warned about a more volatile year for stocks as uncertainty surrounding Federal Reserve rate cuts and a new Donald Trump administration loom ahead.
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UltraChad said:
The rich are doing great under democrats again....while democrats pile regulations and taxes upon everyone but the elites .....imagine that.
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Totally Fact-Free Chad strikes again! 😆

The stock market growth is indicative of the strong economy overall.

The Biden Administration did not pile on regulations and taxes. Before you again pretend it did, provide actual examples.
 
MajorRewrite said:
The stock market growth is indicative of the strong economy overall.
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Tell that to the lower 80% who hasn't had a raise in 40 years, the 80-95% who have gotten some crumbs but knows damn well they're getting fucked too ....we're all super convinced when the top 5% tells us everything is great. :D (y)


MajorRewrite said:
The Biden Administration did not pile on regulations and taxes.
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Build Back Better .........and better luck next time MajorFactFree....ya fuckin' (D)ipshit.
 
UltraChad said:
Tell that to the lower 80% who hasn't had a raise in 40 years, the 80-95% who have gotten some crumbs but knows damn well they're getting fucked too ....we're all super convinced when the top 5% tells us everything is great. :D (y)




Build Back Better .........and better luck next time MajorFactFree....ya fuckin' (D)ipshit.
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As usual, Totally Fact-Fact Chad makes things up and provides no facts. 😆

Leave the discussion of the economy to adults, Totally Fact-Free Chad.
 
DeluxAuto said:
Except what I posted is actually happening with the convicted felon in the red hat, Bot.
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ONLY in the minds of the delusional leftoids.

In reality Elon and Rammyswammy are catching hell from MAGA.

DeluxAuto said:
You have no position, just a dumb argumentative twat. You're like a temu eyer.
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What the fuck is a temu eyer? Is that like a bot?? Another right wing boogieman that traumatized you by pointing out how delusional and retarded you are??
 
UltraChad said:
Tell that to the lower 80% who hasn't had a raise in 40 years, the 80-95% who have gotten some crumbs but knows damn well they're getting fucked too ....we're all super convinced when the top 5% tells us everything is great. :D (y)




Build Back Better .........and better luck next time MajorFactFree....ya fuckin' (D)ipshit.
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So naturally you joined the cult of the guy who openly bragged about cheating his employees out of money they earned.
 
DeluxAuto said:
Except what I posted is actually happening with the convicted felon in the red hat, Bot.
Click to expand...

UltraChad said:
In reality Elon and Rammyswammy are catching hell from MAGA.
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Trump supports immigration visas backed by Musk: ‘I have many H-1B visas on my properties’​


You're too dumb to hold a conversation and too stubborn to be educated. You have no fucking idea what you're talking about and it shows when you step to those of us who are paying attention.
 
MajorRewrite said:
Totally Fact-Free Chad continues his streak of 325 days without making a factual comment. 😆

Please don’t make your irrelevant comments in the economy thread, Totally Fact-Free Chad.
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Bullshit! Before he was UltraChad he was BotanyBoy and he was fact free then too, so it’s much more than 325 days. Even if you were using 325 as hyperbole it’s still way too low.
 
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